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Director/PDMR Shareholding

10 Jun 2013 15:48

RNS Number : 7008G
Cranswick PLC
10 June 2013
 



Director/PDMR Shareholding

 

Cranswick plc ("the Company")

 

The Company has been notified that the following award of LTIP options has been made, pursuant to the Company's Cranswick plc Long Term Incentive Plan (the "Scheme"), to certain Directors/Persons Discharging Managerial Responsibility ("PDMR") over 193,100 ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as follows:

 

Name

No. of LTIP options

Market price per share (p)

 

Martin Davey

 

53,100

 

1103.41

Bernard Hoggarth

27,200

1103.41

Adam Couch

49,200

1103.41

Mark Bottomley

33,500

1103.41

Jim Brisby

30,100

1103.41

 

In accordance with the LTIP scheme rules for conditional awards, the LTIP options were made based on a share price of 1103.41 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant.

 

The LTIP options have been granted on a conditional basis and no shareholder rights will be conferred upon the grantee until the LTIP options have vested. Such vesting is subject to the achievement of the performance criteria of the Scheme over the 3 year measurement period to 31 March 2016.

 

 

Enquiries:

 

 

Malcolm Windeatt

Company Secretary

Cranswick plc

 

01482 372000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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